BarbriSFCourseDetails
  1. keyboard_arrow_leftBack

Course Details

Course Information
  • smart_display Format

    On-Demand

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    Estate Planning

Date & Time
  • event Date

    Thursday, March 13, 2025

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    90 minutes

Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

$297.00
CLE
CPE
ALL

This CLE/CPE webinar will provide an analysis of mechanisms and key considerations for utilizing various trusts, family limited partnerships, charitable giving vehicles, and other techniques aimed toward providing effective estate planning and asset protection.

Faculty

Andrew S. Katzenberg
Partner
ArentFox Schiff LLP

Mr. Katzenberg focuses primarily on wealth transfer planning and preservation, multi-generational planning, estate and trust administration, nonprofit and tax exempt organizations and charitable giving. He works with a variety of high net-worth clients and also represents clients in all phases of forming and managing nonprofit and tax exempt organizations (including public charities, private foundations and private operating foundations) and acquiring and retaining their tax exempt status. He authored numerous articles related to his field and is a frequent contributor to the New York State Bar Association’s Trusts and Estates Law Section Newsletter. 

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio
Jas Sangra
Attorney
Venable LLP

Mr. Sangra advises high-net-worth individuals and their related business entities on intricate wealth planning strategies, with a focus on cross-border tax, trust, estate, and probate law. He is experienced in devising and executing measures to minimize income, estate, and generation-skipping transfer taxes, safeguarding family assets from undue risk. Mr. Sangra is licensed in both California and British Columbia and has managed complex cross-border transactions for multinational clients, aligning their business objectives with international laws and regulatory requirements. He also advises businesses on cross-border expansion, including the tax aspects of immigration and emigration planning.

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio

Description

Estate planning is crucial for large estates to preserve wealth and reduce tax liability. The increase of the estate and gift tax exemption amounts provides opportunities for reducing wealth transfer tax as well as reducing capital gains taxes.

Estate planning for large estates focuses on specific wealth transfer planning techniques essential to obtaining the best tax advantages on both the federal and state levels, avoiding family conflict, reducing estate costs, and preserving wealth.

Listen as our panel discusses effective mechanisms for utilizing various trusts, family limited partnerships, charitable giving vehicles, and other techniques aimed toward providing effective estate planning for large estates. The panel will also discuss income tax basis planning and preserving basis adjustments, gift strategies, modifying formula clauses in current estate documents, and state tax issues.

Outline

  1. Estate planning issues and opportunities for large estates
  2. Preserving basis adjustments and available techniques
  3. Available gift strategies and when to use them
  4. Drafting or modifying documents for income and estate tax planning flexibility
  5. State tax issues that must be considered
  6. Best practices for estate planners for large estates

Benefits

The panel will review these and other key issues:

  • What are the challenges and available opportunities for estate planning for large estates?
  • How can a family limited partnership be used as part of an estate plan?
  • What are the available gift strategies?
  • What are the available charitable planning techniques and structures?
  • What are the available mixed gift-sale opportunities and how are they helpful/when should they be used?
  • Which structures allow you to continue to access transferred assets?
  • What are the state tax issues and methods to limit their impact?
  • How can non-grantor trusts be utilized?

NASBA Details

Learning Objectives

After completing this course, you will be able to:

  • Recognize the challenges and available opportunities for estate planning for large estates
  • Ascertain techniques for obtaining basis step-up
  • Understand the impact of certain available gift strategies
  • Identify key factors in drafting or reassessing formula clauses in plan documents
  • Understand the state tax issues and methods to limit their impact

  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite: Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of estate, gift and trust taxation including various trusts types, the unified credit, and portability.

Strafford Publications, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.